Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Results of Entitlement Issue

by admin August 9, 2024
August 9, 2024
Results of Entitlement Issue

Jindalee Lithium Limited (ABN 52 064 121 133) (Jindalee, the Company) is pleased to announce the results of its non-renounceable pro-rata entitlement offer of fully paid ordinary shares (New Shares) on the basis of one (1) New Share for every six (6) shares held at 5pm AWST on 15 July 2024 (Record Date), together with two (2) attaching options for every two (2) New Shares subscribed for (Attaching Options) to raise up to approximately $3.1 million (Entitlement Issue).

The Entitlement Issue was offered to persons registered as a holder of Company Shares as at the Record Date with a registered address in Australia or New Zealand as identified in the Prospectus dated 10 July 2024 (Eligible Shareholders). Eligible Shareholders were also able to apply for additional New Shares and Attaching Options not subscribed for pursuant to the Entitlement Offer (Top-Up Offer).

A summary of the results of the Entitlement Offer are as follows:

An Appendix 2A will be lodged following release of this announcement in relation to the application for quotation of 8,315,511 New Shares and 8,315,334 Attaching Options.

Jindalee’s CEO Ian Rodger commented:

“I would like to thank all shareholders who participated in Jindalee’s Entitlement Issue. Your support is crucial, and we’re grateful for your confidence in our vision. The funds raised will be key in advancing the optimised Pre- Feasibility Study at our McDermitt Lithium Project. With McDermitt being the largest lithium resource in the USA, we see it as a pivotal asset in the development of America’s domestic battery material supply chains.

We appreciate your continued trust in Jindalee and look forward to achieving great milestones together.”

Authorised for release by the Jindalee Board of Directors.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Bitcoin: A Price History of the First Cryptocurrency (Updated 2024)
next post
True North Copper Updates Vero Copper-Silver Resource

Related Posts

Rare Earths Stocks: 9 Biggest Companies in 2025

April 8, 2025

How High Can the Gold Price Go? Mining...

May 18, 2024

Successful Due Diligence Ends – $20M Placement To...

August 25, 2025

Is Now a Good Time to Invest in...

October 2, 2024

Walker Lane Resources: Advancing High-grade Gold, Silver assets...

April 24, 2025

2024 Annual Results – Capacity ramp-up, economies of...

February 28, 2025

3 Things Warren Buffett Has Said About Gold...

September 21, 2024

Lahontan Announces Upsize to Private Placement of Units

April 23, 2025

More High Grade with up to 60% Heavy...

June 28, 2024

Rock Chip Results Confirm Polymetallic Potential

March 20, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • ‘So many lies’: Schumer ambushes GOP with surprise Epstein files amendment

      September 11, 2025
    • Two Republicans join Dems to save Schumer’s surprise push to force release of Epstein files

      September 11, 2025
    • Charlie Kirk’s assassination latest case of conservatives being targeted for murder

      September 11, 2025
    • Dozens of Democrats mutiny must-pass defense bill over GOP priorities

      September 11, 2025
    • Charlie Kirk assassination sparks bipartisan uproar over political violence as Utah manhunt underway

      September 11, 2025

    Categories

    • Business (1,103)
    • Investing (3,014)
    • Politics (3,682)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved